Property Overview: 241 Willow Creek Road

Key Characteristics & Appeal

This is a modern, one-storey home in the Bridgwater Trails neighbourhood, built in 2019. Its key features include a renovated basement and an attached garage on a spacious 5,111 sqft lot. The home’s primary appeal lies in its balance of contemporary build age and established community. While its living space is more compact than many in the immediate area, this is offset by a large yard and the value of a move-in-ready, newer home with recent basement updates.

The property’s data reveals some nuanced strengths. Its assessed value ranks highly within Winnipeg (top 5%), suggesting solid municipal valuation for its category. The lot size is also a significant asset, offering more outdoor space than most on its street. This home would suit first-time buyers or downsizers seeking a low-maintenance, single-level layout in a newer suburb, without sacrificing yard size. It’s a practical choice for those who prioritize a modern foundation, a renovated lower level, and outdoor potential over a larger interior footprint compared to neighbouring houses.

Frequently Asked Questions

1. How does the living area compare to nearby homes?
At 1,576 sqft, the living area is below the average for Bridgwater Trails. This suggests a efficient, potentially more affordable footprint within a desirable newer neighbourhood, making it a strategic entry point into the area.

2. What does the high city-wide assessment ranking mean?
Ranking in the top 5% of Winnipeg for assessed value indicates that, relative to the entire market, the city assesses this property favorably. This often reflects factors like its newness, lot size, and condition, but it's not a direct marker of market sale price.

3. Is the lot size typical for the street?
No. The lot is over 5,000 sqft, which is larger than 84% of properties on Willow Creek Road. This is a distinct advantage, offering more private outdoor space than most neighbours.

4. The home sold in 2019. What does that sale price context indicate?
The 2019 sale price ranks lower compared to the street and area at that time, but its current assessed value has risen significantly. This points to substantial appreciation in value over the past several years.

5. Who might this property not suit?
Buyers needing extensive main-floor living space or who prioritize having one of the largest homes on the block may find the layout compact. It’s best for those who value the quality of space (new build, renovated basement, large lot) over sheer square footage.